book2book

  booktrade.info

Search Booktrade.info:  


Friday 24th October

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Sales Soar At German Giant Bertelsmann Following Buying Spree

Posted at 4:01PM Thursday 08 May 2014

The publishing merger of Bertelsmann's Random House with Penguin and the full takeover of music rights group BMG help the group to strong first quarter results.

German media giant Bertelsmann posted near double digit growth in the first quarter of 2014 as revenues from continuing operations rose 8.5 percent to $5.4 billion (€3.9 billion) driven by a series of high-profile acquisitions.

The mega-merger last year between Penguin and Bertelsmann's Random House publishing business, along with Bertelsmann's buyout of KKR's stake in music rights group BMG helped boost sales as did smaller deals including the takeover of Dutch electronic dance music publisher Talpa Music.

hollywoodreporter.com




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

Prix Femina Shortlists
www.complete-review.com

Notable because it has three categories: fiction (French), foreign fiction, and non-fiction.

Hemingwrite Typewriter May Redefine Writing Ebooks
goodereader.com

Seeks to marry the old school typewriter with a modern digital version

Amazon Lost Nearly Half A Billion Dollars In The Past Three Months
www.telegraph.co.uk

Shares in Amazon drop 11pc in after-hours trading after retailer unveils biggest loss in its history

Booker Win Saves Richard Flanagan From Life Down The Mines
www.theguardian.com

Australian author who pondered drastic career change sees sales soar £140,000 in a week after prize for The Narrow Road to the Deep North

Coventry Training Firm Pearson Education To Close By Christmas
www.coventrytelegraph.net

100 jobs under threat

New E-book Subscription Service Debuts in U.K.
www.publishersweekly.com

Blloon offers new members free access for the first 1,000 pages read

Account Sign-In

Most Popular Stories

  1. Amazon Is Doing The World A Favor By Crushing Book Publishers
  2. Russell Brand Cancels His Book Launch Debate
  3. Penguin Acquires Debut Novel Based On 1,800-word Partial
  4. Inside The World Of Amazon Vine Book Reviewers
  5. Is Social Media Marketing Heaven Or Hell?
  6. Hemingwrite Typewriter May Redefine Writing Ebooks
  7. Amazon-S&S Deal Based on Kindle Authors' Terms?
  8. J.K. Rowling Shuts Down New Book Delivery Rumours
  9. Bloomsbury Adjusted Pre-tax Profits Fall
  10. Magic Faraway Tree Set For The Big Screen